Good Funds in Rhode Island
Wet or Dry Settlement
The disbursement must be in the form of cash, wired funds, certified check, government check, teller?s check issued by a depository institution and drawn on another depository institution located in Rhode Island, cashier?s check, or another immediately available source of funds. RI Gen. Laws 19-9-10.
Must have good funds at or before closing.
Exceptions to Requirements